ARTICLE 1. Accounting

Article 1 added by Stats. 2012, Ch. 180, Sec. 2.

§§ 5500–5502 · 3 sections

• § 5500 Unless the governing documents impose more stringent standards, the board shall do all of the following: (a) Review, on a monthly basis, a current…
• § 5501 The review requirements of Section 5500 may be met when every individual member of the board, or a subcommittee of the board consisting of the treasurer and at…
• § 5502 (a) Notwithstanding any other law, transfers shall not be authorized from the association’s reserve or operating accounts without prior written approval from…